Merck leads $13m raise for Christchurch start-up Precision Chroma

Merck leads $13m raise for Christchurch start-up Precision Chroma

PremiumHome / BusinessUpdatedChris KeallTechnology Editor/Senior Business Writer·NZ Herald·11 Oct, 2026 05:47 PM4 mins to read‌Precision Chroma founder Sean Feast.Precision Chroma founder Sean Feast.A German giant has pumped funds into a Kiwi start-up whose technology should make it faster to develop new drugs.Christchurch’s Precision Chroma has a US$7.3 million ($12.8m) seed round led by M Ventures, the venture capital arm of German pharmaceutical giant Merck.A post-money valuation was not disclosed. The AdvertisementAdvertise with NZME.

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